GE signed a 25-year power purchase agreement (PPA) with Sharjah Electricity & Water Authority (SEWA) to develop, construct and operate a 1.8 GW combined cycle power plant in Hamriyah.
The plant will be equipped with HA technology developed by GE, and the power station is expected to become the most efficient station in the utilities sector in Middle East; once the project is completed. The project will consist of three combined cycle generation units.
– Co-sponsors Sumitomo and GE Capital’s Energy Financial Services will partner with Shikoku Electric Power Company, and Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, to form an equity consortium for the project. This will establish the project as the first independent combined cycle power plant in Sharjah. SEWA will purchase power from the consortium over 25 years under the PPA.
– GE will supply three H-Class gas turbines, three steam turbines, six steam generators and engineering, procurement and construction services for the project.
– GE will supply spare parts, repair and maintenance services to the plant’s power generation assets for 25 years.
The first unit is scheduled for operation by May 2021.
